Ferronnerie La Forge: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Ferronnerie La Forge
Largest movements
- Cash +€36,884
up €36,884 (+195.2%), from €18,893 to €55,776
mainly Depreciation (+€22,356) and Receivables within one year (+€15,399)
- Tangible fixed assets -€16,165
down €16,165 (-54.4%), from €29,720 to €13,555
of which Plant, machinery and equipment: -€9,662
- Receivables within one year -€15,399
down €15,399 (-68.5%), from €22,494 to €7,095
of which Trade receivables: -€16,927
- Stocks and contracts -€14,000
no longer reported in 2025 (was €14,000)
- Advances received -€8,098
no longer reported in 2025 (was €8,098)
- Trade debts -€4,716
down €4,716 (-42.1%), from €11,198 to €6,482
- Other debts +€4,070
up €4,070 (+11.8%), from €34,591 to €38,661
- Tax, wage and social debts -€3,211
down €3,211 (-39.6%), from €8,106 to €4,894
- Profit (loss) carried forward +€3,127
up €3,127 (+14.2%), from €21,988 to €25,115
- Gross operating margin -€744
down €744 (-2.6%), from €28,481 to €27,737
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,981 | €77,153 | -€8,828 | -10.3% |
| Fixed assets | 21/28 | €29,720 | €13,555 | -€16,165 | -54.4% |
| Tangible fixed assets | 22/27 | €29,720 | €13,555 | -€16,165 | -54.4% |
| Land and buildings | 22 | €1,333 | €1,033 | -€300 | -22.5% |
| Plant, machinery and equipment | 23 | €16,756 | €7,095 | -€9,662 | -57.7% |
| Furniture and vehicles | 24 | €11,631 | €5,427 | -€6,204 | -53.3% |
| Current assets | 29/58 | €56,260 | €63,598 | +€7,337 | +13.0% |
| Stocks and contracts in progress | 3 | €14,000 | - | -€14,000 | |
| Contracts in progress | 37 | €14,000 | - | -€14,000 | |
| Amounts receivable within one year | 40/41 | €22,494 | €7,095 | -€15,399 | -68.5% |
| Trade receivables | 40 | €22,344 | €5,417 | -€16,927 | -75.8% |
| Other amounts receivable | 41 | €150 | €1,678 | +€1,528 | +1019.8% |
| Cash at bank and in hand | 54/58 | €18,893 | €55,776 | +€36,884 | +195.2% |
| Deferred charges and accrued income | 490/1 | €874 | €727 | -€147 | -16.8% |
| Total equity and liabilities | 10/49 | €85,981 | €77,153 | -€8,828 | -10.3% |
| Equity | 10/15 | €23,988 | €27,115 | +€3,127 | +13.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,988 | €25,115 | +€3,127 | +14.2% |
| Amounts payable | 17/49 | €61,993 | €50,037 | -€11,955 | -19.3% |
| Amounts payable within one year | 42/48 | €61,993 | €50,037 | -€11,955 | -19.3% |
| Trade debts | 44 | €11,198 | €6,482 | -€4,716 | -42.1% |
| Suppliers | 440/4 | €11,198 | €6,482 | -€4,716 | -42.1% |
| Advances received on contracts in progress | 46 | €8,098 | - | -€8,098 | |
| Taxes, remuneration and social security | 45 | €8,106 | €4,894 | -€3,211 | -39.6% |
| Taxes | 450/3 | €8,106 | €4,894 | -€3,211 | -39.6% |
| Other amounts payable | 47/48 | €34,591 | €38,661 | +€4,070 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,304 | €22,356 | +€52 | +0.2% |
| Other operating charges | 640/8 | €974 | €930 | -€44 | -4.5% |
| Gross operating margin | 9900 | €28,481 | €27,737 | -€744 | -2.6% |
| Operating profit (loss) | 9901 | €5,203 | €4,451 | -€752 | -14.4% |
| Financial income | 75/76B | €38 | €0 | -€38 | -99.8% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -99.8% |
| Financial charges | 65/66B | €119 | €120 | +€1 | +0.5% |
| Recurring financial charges | 65 | €119 | €120 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €5,122 | €4,332 | -€790 | -15.4% |
| Income taxes | 67/77 | €1,420 | €1,204 | -€216 | -15.2% |
| Profit (loss) for the period | 9904 | €3,702 | €3,127 | -€574 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,702 | €3,127 | -€574 | -15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.